“In annual terms, the price growth rate decreased to 16.42% year-on-year,” the ministry’s review “On the Current Price Situation” says.

It is noted that the main contribution to the decline in prices is made by the acceleration of the reduction in the price of food products.

In the segment of non-food products, prices remain stable.

Gasoline prices continued to decline.

Earlier, the Minister of Economic Development of Russia Maxim Reshetnikov said that the strengthening ruble became a challenge for the Russian economy.